ALOKINDS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.5
| Stock Code | ALOKINDS | Market Cap | 8,128 Cr. | Current Price | 16.4 ₹ | High / Low | 23.5 ₹ |
| Book Value | -38.8 ₹ | Dividend Yield | 0.00 % | ROCE | -4.09 % | ROE | % |
| Face Value | 1.00 ₹ | DMA 50 | 15.9 ₹ | DMA 200 | 17.6 ₹ | Chg in FII Hold | 0.03 % |
| Chg in DII Hold | 0.01 % | PAT Qtr | -215 Cr. | PAT Prev Qtr | -207 Cr. | RSI | 61.1 |
| MACD | -0.11 | Volume | 1,40,76,725 | Avg Vol 1Wk | 1,08,40,770 | Low price | 13.9 ₹ |
| High price | 23.5 ₹ | 52w Index | 25.7 % | Qtr Profit Var | 11.7 % | EPS | -1.33 ₹ |
| Industry PE | 19.2 |
📊 Analysis: ALOKINDS is trading at ₹16.4, slightly above its 50 DMA (₹15.9) but below its 200 DMA (₹17.6), indicating mixed short-term momentum. RSI at 61.1 suggests mildly overbought conditions, while MACD (-0.11) shows weak bearish crossover. Intraday volume (1.40 Cr.) is higher than the weekly average (1.08 Cr.), reflecting strong participation. However, fundamentals are weak with negative ROCE (-4.09%), negative EPS (-1.33), and continued quarterly losses (PAT -215 Cr.). The stock is speculative for intraday trading, with momentum-driven moves possible but high risk due to poor financials.
💡 Optimal Buy Price: ₹16.0–16.2 if price consolidates near support.
🎯 Profit-Taking Levels: ₹16.8–17.0 (near 200 DMA resistance).
🛡️ Stop-Loss: ₹15.7 to protect against downside risk.
⏱️ Exit Strategy (if already holding): Exit if price fails to sustain above ₹16.8 with strong volume. Given weak fundamentals, intraday trades should be short-lived and profit booking prioritized.
Positive
- Strong intraday volume above weekly average indicates active participation.
- Price trading above 50 DMA shows short-term support.
- RSI at 61.1 suggests momentum-driven buying interest.
- FII (+0.03%) and DII (+0.01%) holdings show marginal institutional support.
Limitation
- Negative ROCE (-4.09%) and EPS (-1.33) highlight poor financial performance.
- Quarterly PAT remains negative (-215 Cr.).
- Book value is negative (-38.8 ₹), raising concerns about balance sheet strength.
- No dividend yield, reducing investor appeal.
Company Negative News
- Consistent quarterly losses with no profitability turnaround yet.
Company Positive News
- Quarterly profit variation (+11.7%) shows slight improvement in loss reduction.
- Strong trading volumes indicate speculative interest in the stock.
Industry
- Industry P/E at 19.2 indicates sector is moderately valued compared to ALOKINDS’ weak fundamentals.
- Textiles sector facing margin pressures but benefiting from export demand recovery.
Conclusion
⚖️ ALOKINDS shows speculative intraday potential due to strong trading volumes but remains fundamentally weak. Entry near ₹16.0–16.2 with profit-taking around ₹16.8–17.0 is optimal for short-term trades. Traders should remain cautious and exit quickly if momentum fades, as financial weakness poses significant risk.